SLM Corporation (SLM) Dividends

SLM Corporation (SLM): $19.50

0.41 (+2.15%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, SLM's comes in at 6.3 -- better than 95.57% of other US-listed dividend issuers.
  • In terms of debt burden relative to earnings, SLM has an EBITDA to net debt ratio of 1,530,010,000, ranking above 97.07% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • SLM is producing more trailing twelve month cash flow than 5.41% of US dividend stocks.
  • As for stocks whose price is uncorrelated with SLM's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: MELI, STAF, SNX, MEOH and UVE.
SLM Ex-Dividend Date
SLM Dividend Yield
2.28%
SLM Annual Dividend
$0.44
SLM Payout Ratio

SLM Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$19.50$4.65 -75.05%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of SLM, the dividend discount model StockNews created for the company implies a negative return of 75.05%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for SLM Corp are:

  • Regarding its relative worth based on the dividend discount model, SLM's provides a return of -75.05% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than merely 15.67% of all stocks we measured with our dividend discount model.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for SLM, approximately merely 14.92% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, SLM Corp has an equity discount rate lower than merely 15.34% of them.


SLM Dividend History

Ex-Dividend Date Type Payout Amount Change
2023-12-01Dividend$0.11--
2023-08-31Dividend$0.11--
2023-06-01Dividend$0.11--
2023-03-02Dividend$0.11--
2022-12-01Dividend$0.11--
2022-09-01Dividend$0.11--
2022-06-02Dividend$0.11--
2022-03-03Dividend$0.11--
2021-12-02Dividend$0.11+266.67%
2021-09-02Dividend$0.03--
2021-06-03Dividend$0.03--
2021-03-04Dividend$0.03--
2020-12-03Dividend$0.03--
2020-09-03Dividend$0.03--
2020-06-04Dividend$0.03--
2020-03-05Dividend$0.03--
2019-12-05Dividend$0.03--
2019-09-05Dividend$0.03--
2019-06-06Dividend$0.03--
2019-03-04Dividend$0.03+180.00%
2014-05-01Split14-5-for-1 Stock SplitN/A
2014-03-05Dividend$0.15--
2013-12-04Dividend$0.15--
2013-09-04Dividend$0.15--
2013-06-05Dividend$0.15--
2013-02-27Dividend$0.15+20.00%
2012-12-05Dividend$0.13--
2012-09-05Dividend$0.13--
2012-05-30Dividend$0.13--
2012-02-29Dividend$0.13+25.00%
2011-11-30Dividend$0.10--
2011-08-31Dividend$0.10--
2011-06-01Dividend$0.10-60.00%
2007-02-28Dividend$0.25--
2006-11-29Dividend$0.25--
2006-08-30Dividend$0.25--
2006-05-31Dividend$0.25+13.64%
2006-03-01Dividend$0.22--
2005-11-30Dividend$0.22--
2005-08-31Dividend$0.22--
2005-06-01Dividend$0.22+15.79%
2005-03-02Dividend$0.19--
2004-12-01Dividend$0.19--
2004-09-01Dividend$0.19--
2004-06-02Dividend$0.19+11.76%
2004-03-03Dividend$0.17--
2003-12-03Dividend$0.17--
2003-09-03Dividend$0.17--
2003-06-23Split3-1-for-1 Stock SplitN/A
2003-06-04Dividend$0.51+104.00%
2003-03-05Dividend$0.25--
2002-12-04Dividend$0.25+25.00%
2002-09-04Dividend$0.20--
2002-06-05Dividend$0.20--
2002-02-27Dividend$0.20--
2001-12-04Dividend$0.20+14.29%
2001-09-05Dividend$0.18--
2001-05-30Dividend$0.18--
2001-02-28Dividend$0.18--
2000-11-29Dividend$0.18+9.37%
2000-08-30Dividend$0.16--
2000-05-31Dividend$0.16--
2000-03-01Dividend$0.16--
1999-12-01Dividend$0.16+6.67%
1999-09-01Dividend$0.15--
1999-06-02Dividend$0.15--
1999-02-24Dividend$0.15--
1998-12-02Dividend$0.15+7.14%
1998-09-02Dividend$0.14--
1998-06-03Dividend$0.14--
1998-02-25Dividend$0.14+100.00%
1998-01-05Split7-2-for-1 Stock SplitN/A
1997-12-03Dividend$0.49+11.36%
1997-09-03Dividend$0.44--
1997-06-04Dividend$0.44--
1997-02-24Dividend$0.44--
1996-12-03Dividend$0.44+10.00%
1996-09-03Dividend$0.40--
1996-06-04Dividend$0.40--
1996-02-22Dividend$0.40--
1995-12-04Dividend$0.40+8.11%
1995-08-31Dividend$0.37--
1995-06-02Dividend$0.37--
1995-02-16Dividend$0.37--
1994-11-30Dividend$0.37+5.71%
1994-08-29Dividend$0.35--
1994-06-02Dividend$0.35--
1994-02-17Dividend$0.35--
1993-12-01Dividend$0.35+16.67%
1993-08-27Dividend$0.30+950.05%
1993-06-02Dividend$0.03--
1993-02-22Dividend$0.03--
1992-12-01Dividend$0.03+19.99%
1992-08-28Dividend$0.02--
1992-05-29Dividend$0.02--
1992-02-20Dividend$0.02--
1991-12-02Dividend$0.02+24.99%
1991-08-27Dividend$0.02--
1991-05-29Dividend$0.02--
1991-02-20Dividend$0.02--
1990-12-03Dividend$0.02+53.88%
1990-08-28Dividend$0.01--
1990-05-30Dividend$0.01--
1990-02-21Dividend$0.01--
1989-12-01Dividend$0.01+30.04%
1989-08-28Dividend$0.01+400.00%
1989-07-03Split5-2-for-1 Stock SplitN/A
1989-05-24Dividend$0.01+24.93%
1989-02-22Dividend$0.01--
1988-12-01Dividend$0.01+48.25%
1988-08-26Dividend$0.01--
1988-05-31Dividend$0.01--
1988-02-23Dividend$0.01--


SLM Dividends vs. Peers

SLM's dividend yield currently ranks #20 of 65 vs. its peers in the Consumer Financial Services category.
Rank Symbol Name Dividend Yield
1 OMF OneMain Holdings, Inc. 0.00%
2 TAX Liberty Tax, Inc. - 0.00%
3 WP Worldpay, Inc. 0.00%
4 EDNMY Edenred SA 0.00%
5 MFH Mercurity Fintech Holding Inc. 0.00%
6 NICK Nicholas Financial, Inc. 0.00%
7 PSFE Paysafe Limited 0.00%
8 FOA Finance of America Companies Inc. 0.00%
9 EEFT Euronet Worldwide, Inc. 0.00%
10 AX Axos Financial, Inc. 0.00%
11 MNSB MainStreet Bancshares, Inc. 0.00%
12 CIT CIT Group Inc (DEL) 0.00%
13 CLGX CoreLogic, Inc. 0.00%
14 PAYS Paysign, Inc. 0.00%
15 TREE LendingTree, Inc. 0.00%
16 WRLD World Acceptance Corporation 0.00%
17 ALLY Ally Financial Inc. 0.00%
18 NRDS NerdWallet, Inc. 0.00%
19 CURO CURO Group Holdings Corp. 0.00%
20 SLM SLM Corporation 0.00%
21 QFIN 360 Finance, Inc. 0.00%
22 HRB H&R Block, Inc. 0.00%
23 COF Capital One Financial Corp. 0.00%
24 TRU TransUnion 0.00%
25 SUNL Sunlight Financial LLC 0.00%
26 SNTG Sentage Holdings Inc. 0.00%
27 WU Western Union Co. 0.00%
28 FMCC Freddie Mac 0.00%
29 CASS Cass Information Systems, Inc 0.00%
30 FNMA Federal National Mortgage Association 0.00%
31 EFX Equifax Inc. 0.00%
32 CATM Cardtronics plc 0.00%
33 HTH Hilltop Holdings Inc. 0.00%
34 GDOT Green Dot Corp. 0.00%
35 RATE Bankrate, Inc. 0.00%
36 EZPW Ezcorp Inc. Cl A 0.00%
37 MGI Moneygram International, Inc. 0.00%
38 LC LendingClub Corporation 0.00%
39 CRZNU Corazon Capital V838 Monoceros Corp 0.00%
40 AMK AssetMark Financial Holdings, Inc. 0.00%
41 PYPL PayPal Holdings, Inc. 0.00%
42 LDI loanDepot, Inc. 0.00%
43 FCFS FirstCash, Inc. 0.00%
44 LMFA LM Funding America, Inc. 0.00%
45 ATLC Atlanticus Holdings Corporation 0.00%
46 HAWK Blackhawk Network Holdings, Inc. 0.00%
47 ENVA Enova International, Inc. 0.00%
48 DLO dLocal Ltd. 0.00%
49 BBDC Barings BDC, Inc. 0.00%
50 BMTX BM Technologies, Inc. 0.00%
51 NU Nu Holdings Ltd. 0.00%
52 KPLT Katapult Group, Inc., 0.00%
53 HUNTF Hunter Maritime Acquisition Corp. 0.00%
54 UWMC UWM Holdings Corporation 0.00%
55 NCR NCR Corporation 0.00%
56 RM Regional Management Corp. 0.00%
57 AXP American Express Co. 0.00%
58 V Visa Inc. CI A 0.00%
59 MA Mastercard Incorporated 0.00%
60 GPN Global Payments Inc. 0.00%
61 LPRO Open Lending Corp. Cl A 0.00%
62 SYF Synchrony Financial 0.00%
63 ADS Alliance Data Systems Corporation 0.00%
64 DFS Discover Financial Services 0.00%
65 GFAI Guardforce AI 0.00%

Looking for More Information on SLM dividends?

Want to see what other sources are saying about SLM Corp's dividends? Try the links below:

SLM Corp Common Stock (SLM) Dividend History | Nasdaq
Dividend History for SLM Corp (SLM) - Dividend Investor
SLM Corp (SLM) Dividend History - Seeking Alpha

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